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T-Mobile quarterly results top estimates as subscribers grow

By Anjali Athavaley and Aishwarya Venugopal

July 19 (Reuters) - T-Mobile US Inc's quarterly results topped analysts' estimates as the No. 3 U.S. wireless carrier on Wednesday reported more phone subscribers who pay a monthly bill and record low customer dropout rate.

T-Mobile has been gaining share from larger competitors AT&T Inc and Verizon Communications Inc in a saturated U.S. wireless market through network improvements and lower prices.

Shares rose 3 percent to $63.96 in after-hours trading.

The company had said it was open to considering various strategic options and has acknowledged interest in talking with rival Sprint Corp about a merger.

But such discussions appear to be on hold as Sprint explores other partnerships. Sources told Reuters in June that Sprint, controlled by...


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